Investing.com - Iliad reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Iliad announced earnings per share of €3.51 on revenue of €2.78B. Analysts polled by Investing.com anticipated EPS of €0.67 on revenue of €1.47B.
Iliad shares are up 50% from the beginning of the year and are trading at €173.95 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 11.97% from the start of the year.
Iliad follows other major Services sector earnings this month
Iliad's report follows an earnings missed by Orange on August 12, who reported EPS of €0.17 on revenue of €10.38B, compared to forecasts EPS of €0.18 on revenue of €10.27B.
SES had missed expectations on August 7 with second quarter EPS of €0.05 on revenue of €467.9M, compared to forecast for EPS of €0.06 on revenue of €456.6M.
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